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JD forged in Babylon increase demand for the dollar and reopen the charges on "third parties known as" sabotaging the economy

Author: IM Editor: BK, NK, RS 2013/03/13 22:59

Long-Presse / BabylonReveals specialists, traders and citizens of Babylon, (100 km south of Baghdad), about the return of exciting fears of currency counterfeit for local markets, and warn of its negative impact on the national economy and shaking the confidence of the citizens it as well as rising prices, accusing "foreign bodies" seeking to destroy the national economy through the deployment of those currencies, in the neighborhood of only the security agencies to invite citizens to cooperate with them and inform them about any case of fraud to contribute to the monitoring and addressing the promoters.Dollar instead of bags dinarHe says Said Rahman, an earner, in an interview to the (long-Presse), that there is a "counterfeit currency categories of ten and five thousand dinars began being traded in the local market, although in small quantities, forcing shopkeepers and traders to check the amounts they receive, including hinders commercialization ".Attention Rahman to be "exaggerated big deals are in bags and traders are now do not complete the process only after making sure of the amount and paper and paper including hampers traffic exchanges and makes it boring for others who are waiting to pay similar amounts," noting that "a lot of traders have become now prefer to deal in dollars to avoid problematic fraud and the number of bags of Iraqi currency. "For his part, says Jawdat Ali, owner of a shop selling food, in an interview to the (long-Presse), that "the phenomenon of counterfeit currency found in the local market but in a few," noting that it "focused on specific groups."He adds Ali, that "dealers in those currencies baptized to buy large quantities of food from our stores and then sell them at a lower price in order to ensure rapid discharge away from the control of the security services," adding, "although the amount of those currencies few but they affect our profitability."And accuse the merchant Jawdat Ali, "certain foreign destinations leaking counterfeit currency for the domestic market in an attempt to sabotage the national economy and undermine confidence in Iraqi currency", and refrains from naming those actors, but asserts that it is "well known".In turn, The Merchant Kazem Hashim, in an interview to the (long-Presse), that "counterfeit currency is once again affecting a lot on our daily work because we are dealing with hundreds of thousands of Iraqi dinars with every shop owner," and wondered "how are we to be able to check the amounts huge that Ntdolha daily ", and answers own question by saying" So we receive depending on the trust and bear the loss if the counterfeit currency. "Serafi: We are more affected by fraudAccording to owners of offices and banking companies because they suffer most from the spread of counterfeit currency, although I have said in the local market.He says Noman Mohammed, a shop owner for banking, in an interview to the (long-Presse), "The phenomenon of counterfeit currency is not new and is present for some time in Iraq, like other countries that have suffered," he said, "but they may be deployed in Iraq more particularly categories five thousand and ten thousand dinars. "Mohammed calls, economic security to "make a greater effort to track down counterfeit currency dealers," he said, adding that "those banking companies are suffering more than others from the spread of counterfeit currency though I said it in the local market."Explains Mohammed that يوقعهم victim of counterfeit currency is "the amount of money that we have compel us to rush sometimes to accept and pass some of the counterfeit currency which Aqaibdna losses are not uncommon," and follows all what we can do after that is to bring as subjects Goods Exchange those currencies and we their destruction. "Also confirms teller Mohammed, said there was "editions of counterfeit currency can not be distinguished even by us for accuracy printed matter that makes us at a loss on how to avoided especially when the pressures on us are from dealers," and accused "parties unknown seeking to abuse of Iraqi currency."Expert: foreign bodies seeking to destroy the Iraqi economyAnd in turn, accuse the economist "foreign professional to" seek to destroy the Iraqi economy through the "pumping counterfeit currency elaborately difficult to detect."He says Jassim al-Bakri, in an interview to the (long-Presse), that "the existence of counterfeit currency several negative indicators overshadow Iraq's economy and distort its image and the movement understood wrong with him," and follow it "affect the reputation of the Iraqi economy, especially, we live in an age of openness and the free market."And demanding an economist, the state of the need to "exercise control ongoing economic and security to reduce this phenomenon in collaboration with the Ministry of the Interior and its security."Police calls for cooperation with them to detect counterfeit currencyBut a source in Babil police, who asked not to be named, confirmed in an interview to the (long-Presse), that "special detachments based movement control relevant local market in general and the issue of counterfeit currency in particular."The source calls "merchants and citizens to cooperate with security agencies and the news about the counterfeit currency to shred and dispose of them in order to facilitate the monitoring of movement and determine the types and sources and develop plans to ensure the arrest of the perpetrators or bands that are rigged or leaked to the local market.It is noteworthy that Iraq has witnessed over the past years, both before 2003 or after waves of counterfeit currency, began as a phenomenon in the nineties of the last century, after the imposition of economic sanctions on the country and the invasion of the former regime of Kuwait, if it leads feet Iraq to print its currency within the country to higher headline inflation by about is unprecedented, as well as the increasing cases of counterfeit currency at the time due to the lack of international standards adopted in the currency printing.